Nokia breaks HY drought as Bakkavor quits

Phones 230x150
By Victor Jimenez
23 Feb 2017

Finnish technology company Nokia is set to become the first European company to issue a euro high yield bond for four weeks. Meanwhile, UK food producer Bakkavor will repay all its notes.

Nokia’s potential €1bn issue is likely to be well received, as investors are struggling to find new paper in euros.

High yield bond sales in euros ...

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